The Indian stock market kicked off the new year on a positive note, with the headline indices Sensex and Nifty indices marking a surge during the second trading session of 2025. As of 12:04 PM IST on January 2, 2025, the Sensex surged by 709.32 points, or 0.90 per cent, trading at 79,217.59, while the
Standard Glass Lining, a manufacturing engineering equipment company, primarily for the pharmaceutical and chemical industries in India ahead of its opening for subscription has already created a buzz in the market. A mainboard issue, the Standard Glass Lining IPO will open for subscription from January 6 to January 8, 2025, with the price band set
The Indo Farm Equipment IPO, which ran its public issue from December 31, 2024 to January 2, 2025, has garnered significant attention in the stock market. With its listing just around the corner, let’s take a look at the 10 key points that investors should know about this mainboard issue. GMP Premium Prior to the
Petrol, Diesel Price Today 2 January 2024: Oil prices surged on Thursday, marking the first trading day of 2025, as investors are monitoring China’s economic recovery and fuel demand following President Xi Jinping’s commitment to stimulate growth. As per the latest report, Brent crude futures went up 46 cents to reach $75.10 per barrel. Similarly
Parmeshwar Metal IPO details: Parmeshwar Metal, a copper manufacturing company with an edge in recycling copper scrap is set to open its IPO for bidding today (January 2). The bidding window will be opened for a subscription period of three days and is scheduled to close on January 6, with price band set between the
Fixed deposits (FDs) are a popular investment option for risk-averse investors, especially senior citizens who also get higher interest. They offer safety, assured returns, and flexibility. But, many people wonder how many FD accounts they can and should open. The answer is simple. There is no limit to the number of FDs you can have.
SBI Mutual Fund SIP: When it comes to long-term investing, investors prioritise the safety of their money over high returns. But what could be better than getting both — safety and good returns? There are quite a few largecap mutual funds that have met investor expectations on both these parameters. In this article, we will
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role. Gold and silver rates today, January 2 The 24-carat gold rate in India was Rs 78,010 per 10 grams on January 2. The rate for 24-carat gold
The Reserve Bank of India has announced new rules for credit bureaus and lenders aiming to enhance consumer protection and improve the overall credit reporting process. Let’s look into the key facets of the new rules that will positively impact consumers. Fortnightly reporting One of the most notable changes is the implementation of standardised reporting
Systematic lumpsum withdrawal plan (SLWP) in National Pension System (NPS) enables an investor to withdraw a fixed amount and let the corpus stay invested in market-linked instruments. This allows for compounding to earn higher returns and reduces the risk of reinvestment with single lumpsum withdrawal. By withdrawing in tranches, an investor reduces the risk of
Interarch Building Products on Sunday announced that it has received two major projects worth Rs 221 crore from Tata Projects. The first order, it added, is for Tata Semiconductor Assembly & Testing Pvt Limited, for their semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This is a key initiative in India’s growing semiconductor ecosystem, aligned with
The Employees’ Pension Scheme (EPS), run by the Employees’ Provident Fund Organisation (EPFO), is one of India’s largest social security programmes. Under this scheme, employees receive a monthly pension based on their service period and salary. Launched on November 16, 1995, the EPS is designed to provide regular income to organised sector employees after retirement.
The debate over Larsen & Toubro (L&T) Chairman SN Subrahmanyan’s controversial pitch for a 90-hour workweek has sparked reactions from several corporate leaders. Subrahmanyan, in a viral Reddit video, remarked to his employees, “What do you do sitting at home? How long can you stare at your wife? Come on, get to the office and
